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20121128
20121206
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mitt romney for a private lunch. it's their first meeting since the election. and this his victory speech, obama promised to engage with romney and consider his ideas. >> a lot of people didn't think the lunch would ever happen. >> interesting if he's going to be talking about ideas, mitt romney's idea had been to reach some sort of a cap on it 00 mem deductions. >> he would have just extended the bush tax cuts and then the other stuff would have been -- but if romney had been elected, whether bad long term to extend them, that's one thing, but he would have extended -- this is a weird argument to be having to have everything hinging on on the 2% that are -- suddenly as i've said before, suddenly everybody loves the bush tax cuts. so weird. >> flips the tables on who likes what. >> it all goes back to the line in the band. obama first time around caved and his base never for gave him for extending the bush tax cuts when he said he wouldn't. >> maybe the republicans should be reconsidering the tough line that they drew back in july of 2011 because this is a situation where i think i
with romney being a piece of it. >> has the private equity industry changed its position on this issue? have they accepted -- dare i say have they accepted defeat on this issue? >> i think they haven't changed their position. they still believe -- most people still believe it should be considered ordinary income, but that said, they have accepted defeat. every private equity exec i speak to says they feel at some point carry will be treated as ordinary income and not a capital gain, i'm sorry. and they've not really worked that in but accepted that's going to be a change that will have to come this year or next year. >> has there been any move of foot, and i don't know if we'll see it before the new year for a number of deals to either get done or recaps or other things where people are worried about the additional taxes that may come on dividends. >> you're starting to see that a little bit. and particularly the capital gains increase. because even if leaving carried interest aside, a lot of the investors in private equity funds, you know, no the the nonprofits, but family offices, et ceter
to oppose romney. so that's like 2:1. >> you're not adding in the seiu. >> down at $14 million. i'm looking at the "wall street journa journal"'s page on super pacs. i've got the restore america's future 1rks 42, priorities usa -- >> if you add up all the super pa pacs, they barely balance out the union involvement. >> sciu was down ninth, 14.7 million. >> why are you arguing about this will? the results are out. >> are there lessons for business in the advertising campaigns by the super pacs? assuming that one side went wrong here, where did they go wrong? >> you're focusing on the super pacs and of course it's about the strategists and how they went about it. and the simple fact is the democrats understood the demographic changes whether you're talking about african-american, hispanics, single women. and understanding the changes taking place. i think the republican party is still rooted to a large september extent in the past. if you look at the nature of the people involved on either side, it was i think predictable that one set of advisers was in touch and the others weren't. >> martin
difference, one reason why people like me look at former presidential candidate mitt romney talk about npr or planned parenthood. the number one answer for balancing the budget is foreign aid. which if you really wanted to balance the budget and you don't always have to go to the department of justice or whatever it may be. but over the next ten years, 90% of federal outlays will be medicare, medicaid, social security, defense spending and interest on the debt. you can wipe everything else out and you'll basically -- >> it's like what you were talking about in the last hour, to rational exuberance. americans want it, want it now, and don't want to pay for it. there's a certain quality in american democracy that just allows us to be completely self-deluded. >> dan brought up an grinterestg point, the debt. which they're going to go up, at that point, you've got a serious problem on your hands. >> why wouldn't -- as a leader of the free world, why wouldn't you be saying i've got to get these entitlements under control? they're not even talking about it, not addressing it on these sides. >> i
Search Results 0 to 3 of about 4